The National Association of Pensions Funds (NAPF) has welcomed Government moves to ease the regulation burden on employers providing pension schemes.
NAPF chief executive Joanne Segars says the Department of Work and Pensions' proposal is a “sensible middle course” between safeguarding benefits and encouraging employers to provide quality occupational pensions. “We are pleased that the Government has listened to the NAPF’s calls to reform the rules related to the revaluation of deferred pensions,” she says. “These proposals will help sustain the future of defined benefit pensions, which provide valuable income to millions of working people in retirement.” Minister for Pensions Reform Mike O’Brien today unveiled the Government's respo...
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